Annual report pursuant to Section 13 and 15(d)

Fair Value Measures (Tables)

v3.8.0.1
Fair Value Measures (Tables)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Fair Value Disclosures [Abstract]    
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Assets and liabilities measured at fair value on a recurring basis as of December 31, 2017 are as follows (in thousands):
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
 
Money market funds
 
$
282,860

 
$

 
$

 
$
282,860

Time deposits
 
52,808

 

 

 
52,808

U.S. Government treasury bills
 

 
4,995

 

 
4,995

U.S. Government-backed municipal bonds
 

 
25,338

 

 
25,338

Available-for-sale short-term investments
 
 
 
 
 
 
 
 
U.S. Government treasury bills
 

 
19,963

 

 
19,963

U.S. Government-backed municipal bonds
 

 
73,582

 

 
73,582

Other short-term investments:
 
 
 
 
 
 
 
 
Mutual fund shares
 
1,438

 

 

 
1,438

Other current assets:
 
 
 
 
 
 
 
 
Derivative financial instruments (Note 19)
 

 
2,331

 

 
2,331

Non-current assets:
 
 
 
 
 
 
 
 
Derivative financial instruments (Note 19)
 

 
335

 

 
335

Mutual fund shares
 
9,319

 

 

 
9,319

Total assets measured at fair value
 
$
346,425

 
$
126,544

 
$

 
$
472,969

Liabilities:
 
 
 
 
 
 
 
 
Accrued liabilities:
 
 
 
 
 
 
 
 
Derivative financial instruments (Note 19)
 
$

 
$
10,565

 
$

 
$
10,565

Other long-term liabilities
 
 
 
 
 
 
 
 
Derivative financial instruments (Note 19)
 

 
3,820

 

 
3,820

Total liabilities measured at fair value
 
$

 
$
14,385

 
$

 
$
14,385

Assets and liabilities measured at fair value on a recurring basis at December 31, 2016 are as follows (in thousands):
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
 
Money market funds
 
$
299,769

 
$

 
$

 
$
299,769

Time deposits
 
73,127

 

 

 
73,127

Other short-term investments:
 
 
 
 
 
 
 
 
Mutual fund shares
 
472

 

 

 
472

Other current assets:
 
 
 
 
 
 
 
 
Derivative financial instruments (Note 19)
 

 
11,166

 

 
11,166

Non-current assets:
 
 
 
 
 
 
 
 
Derivative financial instruments (Note 19)
 

 
1,969

 

 
1,969

Mutual fund shares
 
8,411

 

 

 
8,411

Total assets measured at fair value
 
$
381,779

 
$
13,135

 
$

 
$
394,914

Liabilities:
 
 
 
 
 
 
 
 
Accrued liabilities:
 
 
 
 
 
 
 
 
Derivative financial instruments (Note 19)
 
$

 
$
286

 
$

 
$
286

Total liabilities measured at fair value
 
$

 
$
286

 
$

 
$
286